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Update re. fundraising

20 Nov 2024 16:35

RNS Number : 0212N
Woodbois Limited
20 November 2024
 

20 November 2024

 

Woodbois Limited("Woodbois" or the "Company")

 

Closure of fundraising window for major shareholders

 

Further to the Company's announcement of 19 November 2024, Woodbois Limited (AIM: WBI), a leading company in the international timber industry, announces the closure of the recent fundraising window, for up to £200,000, specifically offered to two of our major shareholders. The window, which closed today at 16:30 hrs, was part of our ongoing efforts to engage and provide opportunities for our significant investors during this pivotal period of growth and transition.

 

We can confirm that no significant shareholder elected to participate in the financing. This initiative was opened with the intention to underline the Company's commitment to its major shareholders and to offer them the chance to further support the Company through this transformative phase. While the uptake of this offer was not as anticipated, the Company remains optimistic and looks forward to sharing positive updates in the near future. We are excited about the upcoming opportunities and the next phase of growth for Woodbois.

 

 

Enquiries:

 

Woodbois Limited

Guido Theuns, Executive Chair & CEO

Johannes Bloemen, CFO

 

+ 44 (0)20 7099 1940

 

Allenby Capital Limited  Nominated Adviser

John Depasquale, Piers Shimwell

 

+44 (0)20 3328 5656 info@allenbycapital.com

 

Novum Securities (Joint Broker)

Colin Rowbury, Jon Bellis

+44 (0) 20 7399 9427

 

Axis Capital Markets Limited (Joint Broker)

Ben Tadd, Lewis Jones

+44 (0) 203 026 0449

 

 

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Date   Source Headline
21st Nov 20257:00 amRNSCancellation - Woodbois Limited
4th Nov 202511:48 amRNSDirectorate change
20th Oct 20252:05 pmRNSChange of Adviser
26th Aug 20256:00 pmRNSSuspended Companies Notice - Deletion
22nd Jul 20254:25 pmRNSResignation of Director
1st Jul 20257:30 amRNSSuspension - Woodbois Limited
5th Jun 20257:00 amRNSTrading Update and delay re. Annual Report
30th May 20255:00 pmRNSTotal Voting Rights
16th May 20252:18 pmRNSUpdate on Subscription Options, BGFI Bank & TVR
14th May 20255:25 pmRNSResignation of Director
30th Apr 20255:00 pmRNSTotal Voting Rights
30th Apr 20254:09 pmRNSResult of AGM
22nd Apr 202512:38 pmRNSResult of General Meeting and Total Voting Rights
2nd Apr 20253:05 pmRNSPosting of Circular and Notice of GM and AGM
28th Mar 20258:00 amRNSResult of Subscription
28th Mar 20257:00 amRNSProposed fundraising and other matters
25th Mar 20257:00 amRNSBoard Changes
5th Feb 202510:30 amRNSBusiness Update
17th Jan 20252:00 pmRNSUpdate re. facilities with Nykredit Bank
10th Jan 20257:54 amRNSTermination of Facilities with Nykredit Bank
9th Jan 20253:40 pmRNSAppointment of CEO
6th Jan 20259:46 amRNSUpdate re directorate
6th Jan 20257:00 amRNSHolding(s) in Company
31st Dec 20241:30 pmRNSTotal Voting Rights
24th Dec 20241:02 pmRNSResignation of executive directors
19th Dec 20247:00 amRNSConversion of non-voting shares
9th Dec 20247:00 amRNSMarket Update
29th Nov 20245:00 pmRNSTotal voting rights
20th Nov 20244:35 pmRNSUpdate re. fundraising
19th Nov 20247:00 amRNSSubscription to raise £1 million
11th Nov 20247:30 amRNSRestoration - Woodbois Limited
11th Nov 20247:00 amRNSAppointment of nominated adviser and other matters
22nd Oct 20249:47 amRNSMarket Update
18th Oct 20244:01 pmRNSUpdate on Fundraising with AXIS &Corporate Matters
9th Oct 20242:59 pmRNSTermination of Director
9th Oct 202411:20 amRNSSuspension - Woodbois Limited
9th Oct 202411:20 amRNSResignation of Nominated Adviser and Suspension
4th Oct 20247:00 amRNSSubscription of £1 million
30th Sep 20247:00 amRNSHalf Year Results
25th Sep 20242:41 pmRNSHolding(s) in Company
18th Sep 20245:04 pmRNSGabon Wood Sector Operational Update
13th Sep 20244:45 pmRNSHolding(s) in Company
10th Sep 20247:01 amRNSHolding(s) in Company
10th Sep 20247:00 amRNSCorporate Update and Strategic Developments
2nd Sep 20247:00 amRNSHolding(s) in Company
22nd Aug 20244:00 pmRNSHolding(s) in Company
21st Aug 202411:36 amRNSHolding(s) in Company
21st Aug 202411:27 amRNSHolding(s) in Company
12th Aug 20249:48 amRNSDirectorate Change
28th Jun 20247:00 amRNSAudited results for FY 2023

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